Kerr-McGee estimates hurricane effect on production - - Tulsa, OK - News, Weather, Video and Sports - |

Kerr-McGee estimates hurricane effect on production

SAN FRANCISCO (AP) -- Oklahoma City-based oil and gas producer Kerr-McGee says Hurricanes Rita and Katrina will cut its oil and gas production by nearly 3-million barrels of oil.

Kerr-McGee vice president Rick Buterbaugh says oil and gas output will be down about 1.2-million barrels in the third quarter and about 1.7-million in the fourth quarter.

Buterbaugh says crews are returning to company facilities in the Gulf Coast to continue inspecting them for damage before production resumes.

Kerr-McGee expects to be producing about 60-thousand barrels of oil a day by the end of the week. The number is about half the company's production before the hurricanes.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103 is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.